SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-57
NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS
Filed under section 33(a) of the
Public Utility Holding Company Act of 1935, as amended
Egoli Gas (Proprietary) Limited
(Name of foreign utility company)
Cinergy Corp.
(Name of filing company, if filed on behalf of a foreign utility company)
The Commission is requested to mail copies of all communications relating
to this Notification to:
David L. Wozny, Vice President George Dwight II
Patricia J. Bright, Analyst Senior Counsel
Cinergy Global Resources, Inc. Cinergy Corp.
Suite 710, Clopay Tower 139 East Fourth Street, 25AT2
Cincinnati, Ohio 45202 Cincinnati, Ohio 45202
Cinergy Corp. ("Cinergy"), a Delaware corporation and a registered
holding company under the Public Utility Holding Company Act of 1935, as
amended (the "Act"), hereby notifies the Commission on behalf of Egoli Gas
(Proprietary) Limited, a company organized under the laws of the Republic
of South Africa, that Egoli Gas (Proprietary) Limited is, and claims status
as, a foreign utility company within the meaning of Section 33 of the Act.
Item 1. Name of entity claiming foreign utility company status, its
business address, and a description of the facilities used for the
generation, transmission and distribution of electric energy for sale or
for the distribution at retail of natural or manufactured gas.
Identification, to the extent known, of each person holding 5% or more of
any class of voting securities of the foreign utility company and
description of the amount and nature of the interest.
The name of the company on whose behalf foreign utility company status
is claimed is Egoli Gas (Proprietary) Limited ("Egoli Gas") a company
incorporated under the laws of the Republic of South Africa and whose
business address is 1 Annet Road, Cottesloe, Braamfontein, Johannesburg,
South Africa.
Egoli Gas owns and operates high and low pressure gas storage and
distribution assets formerly owned by the Greater Johannesburg Transitional
Metropolitan Council, Republic of South Africa. Egoli Gas's assets are
located in and around the city of Johannesburg, South Africa and in the
greater Johannesburg metropolitan area, and includes 838 miles of high and
low pressure gas mains, and high and low pressure gas storage facilities.
Egoli Gas sells gas at retail to approximately 14,000 gas users in greater
Johannesburg.
Egoli Gas has an authorised share capital of four thousand (4000)
South Africa Rand comprising (i) three thousand nine hundred and ninety
nine (3,999) ordinary shares with a par value of one (1) South African Rand
each, and (ii) one (1) "A" ordinary share with a par value of one (1) South
African Rand (with the rights attaching thereto set out in the Articles of
Association of Egoli Gas).
Cinergy South Africa Investments 1 B.V. ("Cinergy SA"), a company
incorporated in The Netherlands and an indirect wholly owned subsidiary of
Cinergy, is the legal and beneficial owner of nine hundred and forty nine
(949) ordinary shares and the one (1) "A" ordinary share.
Hunkydory Investments 28 (Proprietary) Limited ("Hunkydory"), a
company incorporated in the Republic of South Africa and controlled by
empowerment interest groups in South Africa, has agreed, subject to it
obtaining necessary consents from the South African Reserve Bank ("SARB"),
to subscribe for fifty (50) ordinary shares in Egoli Gas. Hunkydory also
holds an option to call for the sale by Cinergy SA of two hundred and one
(201) ordinary shares in Egoli Gas. The exercise of such option is also
conditional upon Hunkydory obtaining necessary consents from SARB.
Save for those persons referred to above, Cinergy is not aware of any
other person(s) holding directly or indirectly five percent (5%) or more of
any class of voting securities of Egoli Gas.
Item 2. Name of any domestic associate public utility company and, if
applicable, its holding company, and description of the relationship
between the foreign utility company and such company, and the purchase
price paid by any domestic associate public utility company for its
interest in the foreign utility company.
The following domestic public utility companies, each of which is a
direct or indirect wholly-owned subsidiary of Cinergy, are associate
companies of Egoli Gas: The Cincinnati Gas & Electric Company ("CG&E"),
PSI Energy, Inc. The Union Light, Heat and Power Company ("Union"),
Lawrenceburg Gas Company ("Lawrenceburg"), The West Harrison Gas and
Electric Company ("West Harrison") and Miami Power Corporation ("Miami").
Union, Lawrenceburg, West Harrison and Miami are all direct wholly-owned
subsidiaries of CG&E.
None of the foregoing domestic public utility companies has made an
investment in or has any contractual relationship with Egoli Gas, nor is
any such investment or contractual relationship contemplated.
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SIGNATURE
The undersigned company has duly caused this statement to be signed
on its behalf by the undersigned thereunto duly authorized as of the date
indicated below:
CINERGY CORP.
By: /s/Andrew M. Turk
Vice President and Treasurer
Dated: August 25, 2000
